Gold to test the trendline! Can XAU break this downtrend?

2022年11月4日

I believe Dollar index has peaked since the last FOMC's 75bps hike announcement.
I strongly believe XAUUSD going to smash the trendline and a close above it can be extremely bullish.!
I'm targeting 0.382 of Fibo around 1765 USD.

Entry, stop and take profit is on the chart!
Bonus target - Target 2 : 1811 USD (Golden Ratio). Worth rising the stop along with the trend!

Total no. of Analysis : 17
Successful trades : 11
NPNL : 3
Stop Hit : 2
Lost : 0
In Progress : 1

Safe Trading! Cheers!!

2022年11月4日

註釋

Crossed the DownTrend line with bullishness.. Safe journey GOLD!!!

2022年11月8日

註釋

Reached half the way! can surely wait for the targets to reach atleast the first target.! or can take a 50% profit from here (not recommended). Another successful trade it is.

Total no. of Analysis : 17
Successful trades : 12
NPNL : 3
Stop Hit : 2
Lost : 0
In Progress : 0